Oil Minister Leads on Competition Rules
The Yemeni Ministry of Oil held a meeting chaired by the Minister of Oil to discuss the final draft of a project to amend the international competition regulations in exploration sectors, aimed at developing the legislative and regulatory environment to enhance the efficiency of the sector and stimulate oil and financial investment. The meeting focused on incorporating measures to increase flexibility and motivate investors, with the Minister directing the relevant team to ensure that comments are included and to achieve a balance between protecting national interests and attracting investments.
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